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    Falcone Ln Charlestown, RI 02813

    For Sale
    $999,999

    Prime 8-acre lot, Route 1 visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 8.07-acre commercial parcel presents a rare opportunity for development in Charlestown, Rhode Island. Strategically located on Route 1 and Falcone Lane, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any business. Situated within Charlestown's vibrant Business District, the land is zoned for a variety of commercial uses, offering considerable flexibility for potential buyers. The Traditional Village District zoning allows for a wide range of development possibilities, making this an ideal location for businesses seeking a prominent presence in a thriving community. The expansive acreage provides ample space for large-scale projects or the potential for subdivision into smaller lots. This property's prime location and zoning flexibility make it an attractive investment for developers, entrepreneurs, and businesses seeking to establish or expand their operations. The seller is open to exploring potential financing options, making this an even more compelling opportunity. Don't miss this chance to acquire a highly visible and versatile commercial property in a desirable Rhode Island location. Serious inquiries only.

    Property Features for Falcone Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    351,529 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charlestown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.63297
    Latitude
    41.38523

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 8-acre lot, Route 1 visibility.
    Where is this commercial real estate located?
    The property is located at Falcone Ln Charlestown, RI.
    What is the asking price?
    The asking price for this property is $999,999.
    (401) 782-6444
    Request Owner's contact information
    Falcone Ln Charlestown, RI 02813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Falcone Ln Charlestown, RI 02813
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